Dow Futures Opening Update as on 27 Sepember 2017

U.S. stock futures are higher in pre-market trading for Wednesday, September 27. The Dow Futures are trading at 22,281.50 for up with +0.10% percent or +22.50 point.The S&P 500 Futures are trading at 2,500.38 for up with +0.20% percent or +4.88 point.The Nasdaq Futures are trading at 5,908.88 for up with +0.28% percent or +13.38 point.

In overnight trading in the Eastern Hemisphere,   Japan’s Nikkei 225 are trading at 20,267.05  with a loss of -0.31% percent or 63.14 point. Hong Kong’s Hang Seng are trading at 27,642.43  for up with +0.47% percent or  +129.42 point. China’s Shanghai Composite are trading at 3,345.27  for up with + 0.05% percent or  +1.69 point. India’s BSE Sensex are trading at 31,209.39  with  a loss of –1.24%  percent or –390.37 point at 12:15 PM.The FTSE 100 are trading at 7,309.07 for up with +0.32% percent or +23.33 point. Germany’s DAX are trading at 12,671.62 for up  with +0.53% percent or +66.42 point. France’s CAC 40 are trading at 5,279.07 for up with +0.20% percent or +10.45 point. The Stoxx Europe 600 are trading at 385.40 for up  with +0.36%  percent or  +1.34 point.

Wednesday’s Factors and Events

U.S. stock index futures pointed to a slightly higher open on Wednesday morning as investors continued to digest comments from Federal Reserve Chair Janet Yellen and looked ahead to new announcements on tax reforms.

Federal Reserve Chair Janet Yellen said Tuesday it would be “imprudent” to keep monetary policy on hold waiting for inflation to reach 2 percent. The quite hawkish remarks sent the dollar and U.S. bonds higher as investors grew confident of another rate hike in December.

Meanwhile, investors will be looking for details from U.S. President Donald Trump, who is due to speak on his plans for tax cuts Wednesday. The much-anticipated tax reform package is expected to be presented during a speech in Indianapolis, at 3 p.m. ET.

Tuesday’s Activity

U.S. market were mixed on Tuesday. For the day the Dow Jones Industrial Average closed at 22,284.32 with a loss of –0.05% percent or –11.77 point. The S&P 500 closed at 2,496.84   for up with +0.01% percent or +0.18 point. The Nasdaq Composite closed at 6,380.16 for up with +0.15% percent or +9.57 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,456.86 for up with  +0.34% percent or +4.91 point; the S&P 600 Small-Cap Index closed at 881.77 for up with +0.51% percent or  +4.47 point; the S&P 400 Mid-Cap Index closed at 1,773.71 for up with  +0.10% percent or +1.86 point; the S&P 100 Index closed at 1,103.21  with a loss of  –0.04% percent or –0.39 point; the Russell 3000 Index closed at 1,480.46 for up with +0.03% percent or +0.43 point; the Russell 1000 Index closed at 1,384.42 with 0.00%  percent or +0.05 point; and the Dow Jones U.S. Select Dividend Index closed at 22,284.32 with a loss of –0.05%  percent or –11.77 point.

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